Homula Realty Brokerage
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98 West Ham Lake Road, Killarney, ON P0M 1A0

3 beds · 1 bath · 1 kitchen · 7 rooms · 6 parking spaces · 700-1100 sq ft · Laundry on the main level level · Rural Residential
$449,000
Property tax
$2,057 / year

A Year-Round Romantic Northern Escape! Discover the magic of Ham Lake and why residents love this peaceful waterfront location. Warm southern exposure, 100 ft of shoreline, calm waters, breathtaking views of untouched Crown land, every morning begins with tranquility. Gently sloping waterfront is perfect for swimming at any age, launching a kayak, or enjoying the included paddle boat. Inside, the bright, open-concept cottage features soaring ceilings and an atmosphere designed for easy living. Main floor bedroom and full bathroom, while the loft provides a flex space that can easily accommodate two additional sleeping areas, home office, making it ideal for a couple, family, or weekend guests. Compact yet thoughtfully designed, the cottage is easy to maintain, giving you more time to enjoy life. Comfortable in every season, it features electric baseboard heating, a cozy woodstove, year-round lake water with filtration, a septic system, and durable metal roofs. The property is being sold fully furnished-including pots, pans, & household essentials- start enjoying it immediately or operate it as a turnkey Airbnb rental. Outside, the gazebo provides the perfect bug-free space for dining, card games, or additional guest accommodation, while evenings are best spent gathered around the fire pit beneath a sky filled with stars and, on lucky nights, the Northern Lights. The detached garage offers secure storage. Adventure is close! Launch your boat into one of the most sought-after stretches of the French River just five minutes down the road (Hartley Bay Road.) Hike the French River Provincial Park 3 mins minutes away, wander or hunt the hundreds of acres of Crown land nearby, snowmobile trails, or take a scenic day trip to Killarney, 50 minutes away. Alban is only 8 minutes away for everyday amenities, while Sudbury is an easy 45-minute drive. This is a place where life slows down, hobbies rediscovered, & every visit leaves you wanting to stay just a little longer.

MLS number
X13642214
Type
Rural Residential
Status
Active
Bedrooms
3
Bathrooms
1
Postal code
P0M 1A0
Photos
23
Laundry
Main Level level
39days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$89,800 · minimum here is $22,450
$1,988.07per month
Borrowed before insurance$359,200
Total borrowed$359,200
Interest over 25 years at 4.5%$237,222

If you rented it out

-$2,159.49per month out of pocket
Rent$0.00
Everything it costs to hold$2,159.49
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Narozanski North Realty Inc. Listing data provided by the Toronto Regional Real Estate Board.